Question

Kenzie is a research scientist in Tallahassee, Florida. Her spouse Gary stays home to take care of their house and two dogs. Kenzie's total wages for 2019 were $60,500 from which $5,900 of federal income tax was withheld. ​ Calculate the income tax due or income tax refund on Kenzie and Gary's 2019 individual income tax return. Use the tax formula for individuals and show your work.

Answer 1

tax due 1,848 (presenting head of household)

Step-by-step explanation:

They will use Head of household

As Gary do not work and this will report the better tax-burden for them

Tax bracket table for the year ended December 31th 2019

10% $ 0 to $13,850

12% $13,851 to $52,850

22% $52,851 to $84,200

13.850 x 10% = 1,385

(52,850 - 13,850) x 12% = 4,680

(60,500 - 52,850) x 22% = 1,683

Total tax: 7.748

tax due 7,748 - 5,900 = 1,848